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20130209
20130209
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CSPAN
Feb 9, 2013 2:00am EST
what specific cities are doing well and can have lessons for the american economy in the aggregate. what are some specific manufacturing sub sectors that are the cutting leading edge that the rest of this super subsector can learn from? >> top 100 metros in the united states, they sit on 12% of our landmass, they're two-thirds of our population, three-quarters of our gdp, and on every asset and indicator that matters they're at 75%, 80%, 85%, 90% of national share. so it's really hard to talk about an american economy. you have to talk about a network of met meth rho poll tan economies and same throughout the rest of the world. for a long time i think we focused a lot on the consumption economy. you know, and a walmart is a walmart is a walmart. you know, whether it's in phoenix or pittsburgh or denver or detroit. right? same footprint, same design. same prices. same wages. when you start looking at advance industry or advanced manufacturing, what you begin to see is the effect of clusters and the concentration of the effect of manufacturing -- and this obviously goes back for some
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